News & Media

Media Releases for 2008

AIST frequently distributes media releases featuring important AIST and/or superannuation industry news.

To access, please click on the release title.

Date Topic

20 Nov 08

Not-for-profit super body welcomes moves to inform consumers
The Australian Institute of Superannuation Trustees (AIST) has welcomed today's announcement that APRA is seeking feedback on super fund performance tables aimed at helping consumers make informed decisions about their super.

30 Sept 08

Super scheme for parents - at home and in their retirement
The Australian Institute of Superannuation Trustees (AIST) has applauded the Productivity Commission's recommendation for 18 weeks of paid paternal leave, noting that the inclusion of a superannuation component in the Scheme would provide a much needed, and long overdue, boost to the retirement outcomes of Australian women.

25 Sept 08

Nick Sherry launches AIST/Climate Institute fund survey
The world's most comprehensive initiative designed to assist super funds manage the risks and maximise the opportunities associated with climate change was launched today at Parliament House by Federal Minister for Superannuation, the Hon. Senator Nick Sherry.

24 Sept 08

Super contributions up…but not up enough: AIST
The Australian Institute of Superannuation Trustees (AIST) today welcomed the news that more Australians were benefiting from the Government's Co-contribution Scheme but called on the Scheme to be enhanced for low-income earners.

12 Sept 08

Super fund groups support the Carbon Pollution Reduction Scheme
Australia's $450 billion not-for-profit superannuation sector today urged the Federal Government to maintain its commitment to commence the Carbon Pollution Reduction Scheme in 2010, warning that early and decisive intervention on climate change was necessary to reduce costs to investors and the community.

9 Sept 08

Carbon costs - Opportunities and risks for Australian super funds
New research released today reveals a wide divergence between the carbon performance of some of Australia's largest superannuation funds. However the research also suggests superannuation funds that employ carbon-efficient investment strategies could maintain returns and portfolio diversification under a carbon-emission trading scheme.

2 Sept 08

AIST scholarship winners to focus on ESG issues and leadership
The Australian Institute of Superannuation Trustees (AIST) and Tyndall Investment Management are pleased to announce that this year's 2008 AIST Educational Scholarships have been awarded to three AIST members.

1 Sept 08

AIST Awards to recognise fund staff excellence
AIST is pleased to announce the launch of an annual "Awards for Excellence' program to
recognise the contribution made by fund staff to the superannuation industry and the retirement incomes of all Australians.

27 Aug 08

Less pay now means gender gap is even greater in retirement
Female pay inequity and lower workforce participation costs the average Australian woman up to one third of her potential superannuation payout at retirement, according to the Australian Institute of Superannuation Trustees.

6 Aug 08

Tax review opportunity to plug the gaps in retirement incomes policy
Female pay inequity and lower workforce participation costs the average Australian woman up to one third of her potential superannuation payout at retirement, according to the Australian Institute of Superannuation Trustees.

1 June 08

Under-insured and most don't know it: Super fund survey
According to new research, one in two industry super funds members are under-insured by $100,000 or more and a disturbingly high proportion overestimate the amount of personal insurance they actually have.

28 May 08

First Home Saver Accounts too difficult for many super funds: Survey
Less than one third of the $450 billion not-for-profit super sector appears likely to offer a First Home Saver Account according to a survey bythe AIST.

23 May 08

New super rules to rob temporary overseas workers of millions
The Federal Government's proposed superannuation changes for temporary residents could cost overseas workers nearly $1 billion in super, the Australian Institute of Superannuation (AIST) said today.

14 May 08

Federal Budget 2008 - safe, sensible but not so super
AIST today welcomed the first Rudd Budget as a safe and sensible budget with its focus on helping middle Australia through measures such as income tax cuts whilst maintaining the right environment for economic growth, infrastructure investment and lower inflation.

9 May 08

Less well-off need $3 billion super boost
Today AIST called on the Rudd Government to enhance the superannuation Co-contribution Scheme to improve retirement outcomes for low to middle income earners.

8 May 08

Not-for-profit super - a winner on all fronts: AIST
Members of not-for-profit super funds can rest assured that their money is in the right hands with new research suggesting the structure of these funds is an important factor behind their investment out-performance.

1 May 08

Same-sex superannuation reform long overdue: AIST
AIST today welcomed the Rudd Government's proposal to remove same-sex discrimination in superannuation law, as well as tax, aged care and other Commonwealth programs.

12 April 08

Super should be a last-resort option for mortgage stress - AIST
The Australian Institute of Superannuation Trustees (AIST) today warned home borrowers to be wary of mortgage lenders promoting products that promised easy-access to superannuation in the event of a loan default.

18 Mar 08

Co-contribution scheme fails to excite those who need it most
The Australian Institute of Superannuation Trustees today called for the Government to make its super cocontribution scheme more attractive to low-to-middle income households and younger Australians.

18 Mar 08

Attitudes to super highlight need for more certainty
Most Australians are confused about their superannuation and nearly three quarters of us are not confident we will have enough super to retire on, according to a landmark study released today on Australian attitudes to superannuation.

17 Mar 08

Call to boost the retirement savings of the low paid and women

The Australian Institute of Superannuation Trustees (AIST) today called on the Rudd Government to help boost the retirement savings of the low paid and women.

14 Mar 08

Make super fair for all with bi-partisan support
The Australian Institute of Superannuation Trustees (AIST) today called for a more equitable national retirement incomes scheme and bi-partisan support to back it.

11 Mar 08

First home buyer scheme must be first-rate for those in need
Measures to ensure that the proposed First Home Saver Accounts help those most in need were released today in a joint government submission between AIST , ISN, and IFF.

12 Feb 08

Home savings plan: Opportunities and challenges for super funds
The Australian Institute of Superannuation Fund Trustees (AIST) is seeking feedback from its member funds on the Government's proposed First Home Saver Accounts (FHSAs)

11 Feb 08

AIST Pre-Budget Submission: Super system needs to be fair to all
Measures to ensure that middle to low-income earners get a better deal from Australia's retirement income policy were proposed by AIST in its pre-Budget submission released today.

23 Jan 08

Super secure despite market volatility
The Australian Institute of Superannuation Fund Trustees (AIST) today urged Australians not to be put off investing in super in the wake of recent sharemarket volatility.